Strategizing in the real world

Article Abstract:

The insignificant impact of strategic planning on profits can be traced to the formalization of plans, inaccurate assessment of firms and their market environments, inability to make long-term forecasts and other fundamental obstacles. However, realistic strategies do help in making firms more alert and responsive. Better forecasting can contribute to increased alertness; improved grasp of unique competencies, entry barriers and proprietary information; widened awareness of managers with regard to their firms and more adaptability in the strategies for future needs.

Business planning

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The Culture

Article Abstract:

A new decision-making process particularly suitable for multi-product organizations is proposed. The process requires the active participation of organizational managers and experts, irrespective of rank or status, and those of major suppliers and accounts. Four management principles are found to be essential in creating the Product Technology Roadmaps, namely, ductility of the organization, creativeness, use of resources and balancing powers.

Methods, Decision-making, Decision making

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Networks effects, standardisation and competitive strategy: how companies influence the emergence of dominant designs

Article Abstract:

Compatibility standards are very necessary for companies developing and offering technologies with network effects. The strategic behaviors of companies in standardization processes are analyzed with a focus on openness and the effectiveness of different strategic actions in the standardization process.

Management dynamics, Analysis, Competition (Economics), Standardization, Standard, Company business management

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